Nêmesis Brasil Participações, the controlling shareholder of Azevedo & Travassos (AZEV3, AZEV4), reduced its relevant equity stake in the company in September 2026, going from 75,196,263 shares, equivalent to approximately 67.61% of the share capital, to 59,242,063 shares, representing about 53.26% of the capital.
In preferred shares AZEV4, Nêmesis’s stake fell from 44,396,687 shares, about 60.55% of the shares of this class, to 28,368,687 preferred shares, equivalent to approximately 38.69% of this class. Nêmesis remains holder of 30,873,376 common shares AZEV3, representing about 81.46% of the common shares.
According to the controlling shareholder, the reduction in its equity stake is not intended to change the control or management structure of Azevedo & Travassos, with Nêmesis remaining the company’s controlling shareholder.
